Smartphone Market Forecast 2021 to 2025
Global mobile phone market volume reached 1.55 billion units in 2020, down 13.2% year-on-year. The decline was attributed mainly to the COVID-19 outbreak and the lukewarm replacement demand for 5G smartphones. With COVID-19 vaccines rolling out around the world and more people going back to work, the demand for mobile phones is expected to resume in 2021. Global mobile phone shipment volume is anticipated to top 1.65 billion units in 2021, up 6.3% year-on-year while smartphone shipment volume to grow 7.8% year-on-year and reach 1.4 billion units in 2021. The mobile phone and smartphone CAGR (Compound Annual Growth Rate) is estimated at 2.34% and 3.62%, respectively, for the period 2020-2025.
List of Topics
"Table of Contents
Worldwide Smartphone Market Share by Region, 2017-2025
Worldwide Smartphone Market by Price Point, 2017-2025
Worldwide Smartphone Market Share by Price Point, 2017-2025
Worldwide Smartphone Market by Operating System, 2017-2025
Worldwide Smartphone Market Share by Operating System, 2017-2025
Research Scope & Definitions"